Long or Short Opinion

[praveen taneja]

5311 is watching platform for 5350 again as Rollover telling mkt in going ahead mood

 

[simple_trader]

Highly recommend to cut some shorts here at 5305

trail SL for remaining should be at 5315 NF around. It seems pain left today. But traders need to control greed and fear in this situation. Nothing wrong if one covers max. and hold little shorts with 5315 NF SL. this is for intraday.

PT ji, Swing trend is up. It will snap back from some level. Which I feel 5250 NF. I can be wrong as I already see some supports is coming around 5290 spot around. Also as i updated in the other thread. I think this move has up side around 5500-5550.

mai to thoda intraday pe shorting longing kaar raha hno.

Happy trading!!

 

[rajputz]

Ghost forming again on nifty....trendline break will be entry for long...

 

[AlokTewari]

trail SL for remaining should be at 5315 NF around. It seems pain left today. But traders need to control greed and fear in this situation. Nothing wrong if one covers max. and hold little shorts with 5315 NF SL. this is for intraday.

PT ji, Swing trend is up. It will snap back from some level. Which I feel 5250 NF. I can be wrong as I already see some supports is coming around 5290 spot around. Also as i updated in the other thread. I think this move has up side around 5500-5550.

mai to thoda intraday pe shorting longing kaar raha hno.

Happy trading!!

Sab Dow & FTSE par depend hai. Roll over may point to +ve bias but if Dow tanks 100 points today then we will have big gap down. If you notice everyday after 12.30 NF follows FTSE tick by tick. I feel this rally in world market is pump & dump kind. Problem was in Eurozone & solution seems to have been found in Yuan devaluation. Our own pending rate hike, Fuel price hike & inflation seems to have been ignored completely for now but reality will have to sink in sometime.

Cheers !!!

Alok Tewari

 

[rajputz]

I am looking on more upside for fortis. It has given nice reject to downside and pivot high is also broken. Check the chart: -

 

[scplindia]

Sab Dow & FTSE par depend hai. Roll over may point to +ve bias but if Dow tanks 100 points today then we will have big gap down. If you notice everyday after 12.30 NF follows FTSE tick by tick. I feel this rally in world market is pump & dump kind. Problem was in Eurozone & solution seems to have been found in Yuan devaluation. Our own pending rate hike, Fuel price hike & inflation seems to have been ignored completely for now but reality will have to sink in sometime.

Cheers !!!

Alok Tewari

Have feeling all your questions will be answered from tomorrow, until today, smart money operated the expiry close to 5300, several question need to be answered all will happen from tomorrow.

we are 2 percent less than 52 week high on nifty, dow and S&P are 10 percent less than 52 week high. US markets, CAC, FTSE are trading below 200 DMA, we are far higher than 200 DMA ?????????

 

[simple_trader]

Sab Dow & FTSE par depend hai. Roll over may point to +ve bias but if Dow tanks 100 points today then we will have big gap down. If you notice everyday after 12.30 NF follows FTSE tick by tick. I feel this rally in world market is pump & dump kind. Problem was in Eurozone & solution seems to have been found in Yuan devaluation. Our own pending rate hike, Fuel price hike & inflation seems to have been ignored completely for now but reality will have to sink in sometime.

Cheers !!!

Alok Tewari

Yes, this is pump and dump kind of setup. Do not know dow, but our market has up side left. Though it will not be an easy up side to play. We can see range bound moves around current level (+/-100) for some more days. Market will make both side payers confused for next a few days, i think.

Happy trading!

 

[rajputz]

Buy mentioned on punjlloud still active. It has again broken the higher pivot with momentum building to upside. More possible targets can be 131.70 133.40 136.10. Any body who missed can buy between 130 and 130.70 for above mentioned targets.

 

[aditya14]

I shorted punj today and got out with profit after much headache.Definitely looks good for 140+

 

[nimish_rulz]

I shorted punj today and got out with profit after much headache.Definitely looks good for 140+

I believe the movement in Punj was because of Expiry and nothing else I expect the downtrend to resume soon. But lets see.